No, its not. I have a 13" MBP 2011 and I swapped out the 4GB RAM with 8GB and noticed a huge difference. Earlier it used to beachball all the time but its much better now. Right now, Chrome alone is using 3.5GB+ memory.
I've got a 2011 15" with 256g SSD and 16gigs. I still get beach balls far more than I think I should. They never go away, just get less frequent. :/
I'm having a weird problem right now where iMessage doesn't work on an iCloud account for a system which had iMessage installed separately (on what, 10.7? I forget), then upgraded. Presumably the same fix will work.